MI
Mirae Asset Ultra Short to Short Term Fund Direct Growth
Latest NAV
+6.31% 1Y
Sign In to Add to Portfolio
Benchmark: NIFTY Low Duration Debt Index A-I
Expense ratio
0.22%
AUM
₹2,351 Cr
Min SIP
₹99
Min lump sum
₹5,000
1Y
+6.31%
3Y (ann.)
+7.45%
5Y (ann.)
+6.64%
Launched
Jan 2013
Where the NAV sits & how risky it is
₹2,664.27
52-week range
at 100%
₹2,664.27
Low 06 Oct 2025₹2,507.33
High 01 Oct 2026₹2,661.94
Risk level
Moderately Low
Low
Very high
NAV history
03 Jan 2013
Since inception
05 Oct 2026
Returns by period
1W
+0.10%
1M
+0.46%
3M
+1.37%
6M
+3.56%
1Y
+6.31%
3Y
+7.45%
5Y
+6.64%
3Y and 5Y returns are annualised.
Return calculator
You invest
—
Est. gain
—
Est. value
—
Invested Gain
Invested
Projected value
min SIP ₹99
Estimate only. It assumes the selected past return repeats every year; 3Y and 5Y figures are taken as annualised. Actual returns vary and are not guaranteed.
Where your money goes
Sector allocation is published for schemes that buy shares directly. This is a debt scheme.
About this scheme
The investment objective of the scheme is to seek to generate returns with a portfolio comprising of debt and money market instruments, such that Macaulay duration of the portfolio is between 6 months - 12 months. The Scheme does not guarantee any returns.
Fund manager(s): Basant Bafna
Exit load: No charges for withdrawal
Scheme snapshot
VR Rating
MS Rating
Plan
Growth
Type
DIRECT
Inception
01 Jan 2013
Lump-sum min
₹5,000
SIP
Purchase
Switch
STP
SWP
Similar schemes
RANKED BY 1Y RETURN
Bank of India Credit Risk Fund Direct Growth
1▲ 10.9 pts ahead of this fund
Aditya Birla Sun Life Credit Risk Fund Direct Growth
2▲ 5.7 pts ahead of this fund
DSP Credit Risk Fund Direct Growth
3▲ 4.5 pts ahead of this fund
Jm Dynamic Term Fund Direct Plan Half Yearly Bonus Option Principal Units
4▲ 2.8 pts ahead of this fund
Aditya Birla Sun Life Medium Term Fund Direct Growth
5▲ 2.1 pts ahead of this fund
Baroda BNP Paribas Banking & PSU Bond Fund Direct Growth
6▲ 1.9 pts ahead of this fund